U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question

NewsFri, 07 Aug 2026 12:31:51 UTC2 hours ago

U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question

The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report.

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